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nguyenduong67 nguyenduong67
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7 years ago
If the demand for jelly increases, and the price of grapes (used to make jelly) rises
A) the equilibrium price of jelly falls and the equilibrium quantity of jelly might rise or fall.
B) the equilibrium price of jelly rises and the equilibrium quantity of jelly might rise or fall.
C) the equilibrium quantity of jelly falls and the equilibrium price of jelly might rise or fall.
D) the equilibrium price of jelly falls and the equilibrium quantity of jelly rises.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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